Which of the following statements is true of defenses to a strict product liability action?
A) Product misuse is available as a defense to a strict product liability action.
B) Assumption of the risk is not permitted as a defense to a strict product liability action.
C) The state-of-the-art defense is generally allowed in a strict product liability action.
D) The state-of-the-art defense in a strict liability action requires testimony from an expert witness.
A
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You are looking over your brother's portfolio. In his portfolio, he is holding one long position and one short position. Jimmy, your brother, bought 1,600 shares of Sunny Inc each for $55. He sold 1,000 shares of Rainy Ltd. for $50 a share
Calculate the portfolio weight on the Rainy Ltd. position. A) -1.32 B) -0.76 C) -0.50 D) 0.24 E) 0.30